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16/33 Apollo Drive, Albany, North Shore

109sqm Floor area

Quality back-pocket investment for sale

For sale: $550,000 + GST (if any)

This quality bite-size tenanted office investment offers excellent value, and our motivated owner is keen to close a deal!

The property comprises a floor area of 109sqm approximately plus three (3) exclusive-use car parks. Located at ground level, its contemporary interior includes a logical mix of front reception, open plan and partitioned office areas, plus kitchen and bathroom amenity. It's air-conditioned, with LED internal lighting throughout.

The property is fully tenanted on a new long-term lease with built-in rental growth, to an established medical entity. Overall, this represents a standout passive investment for seasoned investors looking to expand their investment portfolio or those dipping their toes into the commercial property sector for the first time.

The property is located in a modern commercial development that includes other offices of mixed-sizes plus on-site café. With quality construction techniques and smart design, this is a well-planned, sought-after commercial business park that occupies a dominant position on Apollo Drive, in the heart of Albany on Auckland's North Shore. It's located close to a broad range of complementary office and boutique café/retail amenity as well as the AUT Millenium - Sport and Community Health and Fitness Centre and Apollo Medical Centre, Daycare centres, Westfield Albany and QBE Stadium, and multiple motorway access points heading north, south, east and west.

Don't overlook this standout back-pocket investment option with growth upside.

• Floor area 109sqm (approximately)
• Three (3) allocated on-site carparks
• New five-year lease term plus rights of renewal in place to an established medical entity - income, income, income
• Situated in the heart of bustling Albany - location, location, location
• Motivated owner - enquire today!

Asking Price NZ$550,000 + GST (if any)
Tonia Robertson

Tonia Robertson

Investment and Development Sales and Leasing

Commercial North Shore Ltd, Bayleys,
Licensed under the REA Act 2008


Floor area details

109sqm (approximately) with a contemporary feel to the interior, plus three car parks


Part of a popular office business park that enjoys a dominant position on Apollo Drive


New long-term lease to medical tenant, with built-in rental growth


A standout buying opportunity with upside

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